Olympic Steel logs record sales in 2d qtr.
Aug 07, 2014 | 05:54 PM
| Nat Rudarakanchana
NEW YORK Service center Olympic Steel Inc. saw record sales in the second quarter, with its highest sales volumes for flat products since early 2008.
Sales totaled more than $386 million in the three months ended June 30the best quarter in the Cleveland-based companys historyup 16.7 percent from the same period last year, helping to generate a 38.4-percent jump in net income to nearly $3.5 million, the company said in its earnings report Aug. 7. Olympic sells steel, aluminum, stainless and pipe and tube products.....
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